Posts tagged "black economy"

A Sunshine Coast man will spend 30 months in jail after being found guilty of tax fraud involving over $100,000 in false GST claims.

A man convicted of tax fraud related to illegal phoenixing activity will spend six years in jail and pay $1.8 million in reparations.

Businesses are being warned about the dangers of adverse action after a director was fined for sacking a worker that approached fair work with a complaint.

A business owner convicted of illegal phoenix activity will spend five years in prison, amid a broader crackdown on the black economy.

The federal government has unveiled ASIC red tape reductions that will save about 2200 SMEs almost $37,000 each year by removing reporting requirements.

Directors engaging in illegal phoenixing will be named and shamed under a new Labor policy designed to crack down on black economy activity.

The Fair Work Ombudsman will receive new powers to pursue company directors under laws that passed the lower house this week

New laws will prevent businesses from exploiting a cash payments "loophole" that makes illegal activity easier.

Millions of Australian small business owners could be forced to pay to renew their ABN under a government reform plan.

The black economy is more common than we think – how many of us have paid tradies, gardeners or cleaners cash without the exchange of relevant paperwork? For many people this is actually an important source of income.

Businesses that use “sales suppression” software to erase some daily transactions in order to dodge their tax burdens now face hundreds of t…

The Australian Taxation Office is maintaining its scrutiny of businesses that deal in large amounts of cash, with reports it has recouped mi…